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20121224
20130101
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CNNW 3
CSPAN 3
WRC (NBC) 1
WTTG (FOX) 1
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Search Results 0 to 9 of about 10
FOX
Dec 28, 2012 10:00pm EST
another look at the fiscal cliff and what it is going to take to get a deal done. our gop and democratic strategists are standing by to dive into that debate. >> and christmas is over, but the deals are still out there. you'll find out what is expected to drop in price as we head into the new year. >>> this is fox 5 news at 10:00. >>> back to our top story, we are just three days way from reaching the fiscal cliff -- away from reaching the fiscal cliff. this afternoon president obama held talks with congressional leaders at the white house. the president says he is hopeful a deal can be reached in order to avoid automatic tax increases and spending cuts come january 1st. senator harry reid and mitch mcconnell are trying to hammer out a deal the house might approve, but the house is ticking. joining us now are our political strategists. brendan, the president today said is he going to have senator mcconnell, senator reid start off on this package, but doesn't that eliminate a big player in this, which is john boehner, if this has to get passed through the house? >> certainly and he's been
FOX News
Dec 27, 2012 3:00am PST
the job done . here's what we are facing. we are teetering on the edge of the fiscal cliff. there are many members in congress who disaagree raising of tax. the president had gone up to $400,000 when house speaker boehner would raise the tax hikes . but the sticking point is enments and spending. >> clayton: the republicans saying that the president and democrats not forth coming enough on entitlements. here's what will unfold in a few short days as we break this down to you. >> put your seat belts on, people. >> clayton: tax rates will hit these numbers and you go up to 120,000 . you will see 31 percent up to 36 percent . in these tax rates as they climb up. >> here's the bottom line. average tax rate of 2,000 to $4000. it is an additional 13,944 . millionaire's status which the president wanted to raise status on will be 34635. big deep in your pockets if woo go off the fiscal cliff. >> it is so crazy . we have the holiday get together. living in new york city . it is so expensive and you are making $250,000. you are middle class here. >> clayton: if you have a family of four and taxes a
CSPAN
Dec 30, 2012 2:00pm EST
of the issues the parties said they were concerned about leading into the fiscal cliff. the payroll tax cut is going to expire. no one is talking about extending that. that is the one that gives the biggest bang for the buck. host: if a deal does get done, how much of the cliff aristo going to be staring at? guest: you are staring at one cliff, the payroll tax cut going away. that is 3% of every wage earner up to $100,000 or so. that will have a big economic impact. you are approaching the debt ceiling cliff which will be another standoff. i assume that is where we will get into the discussion of spending cuts that seems to be absent from whatever deal they are talking about. guest: if there is no deal, the full tax cuts go away. the tax increases and spending cuts will go into effect. about iran fiscal policy given the time. but something in between. maybe the minimum of $200 billion and the maximum of $600 billion. host: some statistics with several charts on how it affects you in your income bracket. the richest 20% with scene increase of about $20,000 increase in taxes owed. for those m
FOX News
Dec 26, 2012 6:00am PST
left for lawmakers to come up with a way to avoid the fiscal cliff. who is feeling more pressure to get things done, the president, the democrats, congressional republicans?. patti ann: and funeral services are now set for two firefighters killed in an ambush. we're now learning more about why a man intentionally set a fire in order to trap the first-responders. >> the note was important for us to find because at least it provided us with the information leading toward the intent of the shooter essentially to burn undo the neighborhood in which he resided and to kill people. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. gregg: all right, new developments on the christmas eve ambush that left two firefighters dead up in state new york. police say they have human remains in the burned out home of the gunman. david lee miller is live in our newsroom. david, so what do we know
CNN
Dec 26, 2012 9:00am PST
, your taxes go up $3,000. if nothing is done to avert the fiscal cliff. if you make $104,000, doing pretty well, you see your taxes go up $6200. if you make $400,000 a year, you see taxes go up over $9,000. that's overnight. the bush tax cuts sunset if we don't do anything to variety the fiscal cliff. this is something that the president and republicans agree on. they agree 98% of the americans shouldn't have taxes raised, but that 2% disagreement brings us to the edge of the fiscal cliff. >> the ceo of starbucks says, hey, you know what? let's write on our coffee cups "come together." do you think anybody will pay attention to that in washdz? >> you know what? anything and everything helps. just merely spreading the message america is watching and waiting for congress to act to find a way to reason together, that's an important act, and everyone doing their part can do, i say good on him. we need to send this message to washington and make sure it isn't settled. we'll go deeper into this tonight at 7:00 as well. this is urnlggent. the clock is ticking, suzanne. >>> many american fa
CNN
Dec 26, 2012 6:00am PST
the fiscal cliff. 48% of those polled say a deal is not likely. that optimism is waning, though when the poll was done earlier this month, 59% said a deal was likely. >>> former braves great andruw jones is free on a $2,500 bond this morning after being arrested outside of atlanta. he was arrested on a battery charge. the gwinnett county detention center said there was a domestic dispute between he and his life. >>> the number of extremely obese preschoolers has dropped slightly over the last decade, according to the centerses for disease control and prevention. researchers called the decline modest but say it's encouraging. the cdc adds that part of the decrease could be attributed to awareness campaigns that encourage physical activity and healthy eating. >>> before heading back to d.c. to try to avoid heading off the fiscal cliff, president obama and the first lady kept up a christmas tradition. they visited marines at a base in hawaii thanking them for their service. mrs. obama and their daughters, by the way, won't cut short their vacation. they're staying in hawaii while dad flies home.
CSPAN
Dec 27, 2012 10:00am EST
a favorable path towards achieving the fiscal cliff? guest: a $1 trillion budget deficit we have been running annually, that is unsustainable. something needs to be addressed. the shrinking of the time. we have, one has to get something done quickly and then a grand bargain as to get done in the springtime to fundamentally address the long- term budget deficit. but we have to get over the short-term obstacle. we're not looking for any specifics related to whether it should be government spending cuts, tax increases, but one thing we are very mindful of is that some politicians have been -- >> we're going to go now to andrews air force base with air force one burning president obama back. he is in route to the white house today after celebrating christmas in hawaii with his family. he is returning early from his holiday to address to andrews air issues of the fiscal cliff. speaker boehner said that the senate must act first. senators are in session right now. there is the plane landing. this is live coverage on c-span. [captioning performed by national captioning institute] [captions copyright
NBC
Dec 28, 2012 7:00am EST
watches to see what happens with the fiscal cliff, there's another important piece of legislation that needs attention. if nothing is done about it, the cost of milk could go sky high. here's nbc's stephanie gosk. >> reporter: the dairy industry is calling it the milk cliff. just like tax rates, if congress doesn't approve a farm bill by january 1st, the price of milk could go up. way up. right now an average gallon costs $3.65. it could soar to between $6 and $8. mara has three little kids. that means a lot of milk. >> you have to have it for young kids. it helps them grow. so it's hard when it gets that expensive. >> reporter: for many families, milk is a staple they can't cut back on. >> a lot of families that are tight, incomewise, they don't want to buy milk at $7, $8. >> reporter: it's not just milk prices. all dairy products would be affected. imagine if wisconsin cheddar cost more than imported french brie. what would that mean for the average grilled cheese? one part of the complicated farm bill controls the dairy market. without it, pricing would go back to an outdated l
CNN
Dec 26, 2012 11:00am PST
until we hit the fiscal cliff. the president is cutting short his hawaiian vacation to go back to work. we'll look at whether a deal is likely to get done. >>> and not what people in alabama wanted for christmas. tornadoes ripped through the south. >> i prayed to god as loud as i could and i was just praying for my safety. and i knew that -- i prayed that the church stayed put. rsal] ♪ everybody well don't you know it's me now? ♪ ♪ yeah who's it, who's it huh? ♪ ♪ willy's back with a brand new beat now, ♪ ♪ yeah doin' it doin' it up! ♪ heyyy yeah, tryin' to bite my style! ♪ ♪ heyyy yeah, how you like me now? ♪ ♪ na na na na na na na na ♪ and everybody go uh! >>> we told you last hour president obama is spending his last few hours in hawaii before returng early to washington. he's expected to arrive tomorrow, just five days ahead of the fiscal cliff, which includes an across the board tax hike that congress has tried but failed to undo. cnn's dana bash is with us from washington, our senior congressional correspondent. we spoke last hour. you told us that hour
CSPAN
Dec 24, 2012 7:00am EST
as fractious as it could be. washington is a divided city. the fiscal cliff -- i believe both sides know what to do. it is going to be painful. either raise taxes or cut spending. both need to be done. our taxes are going to go up. some good programs will be cut automatically on january 1 if they do not come up with an agreement. that was designed by the politicians to deal with the fiscal problems. it reminds me of the old "national lampoon" comfort that if you don't buy this magazine, we will shoot this dog. save us from ourselves or help us save us from ourselves. it didn't work. they have about a week to go. i suspect they will kick the can down the road. a short-term way to get is passed the immediate collapse of what is stalling certain cuts. maybe unemployment benefits, that kind of thing. i think there will give a short- term answer. host: a lot of headlines are about the republicans and their caucus. what about democrats? are they at fault as well? "we do not want medicare to be touched." the democrats see have put their feet down and said, "we will not do anything." the republican p
Search Results 0 to 9 of about 10